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Cathie Wood’s Ark Invest Offloads $27 Million Worth of COIN


Ark Invest sold off an estimated 106,000 Coinbase shares valued at over $27 million on Tuesday following a nearly $69 million offloading Monday. Ark Invest's  latest move comes as Bitcoin's value reaches an all-time high. The post Cathie Wood’s Ark Invest Offloads $27 Million Worth of COIN...

Short-Term Correction Brewing as BTC Price Increased Too Fast: CryptoQuant


Bitcoin price hit an all-time-high of $69,000 on Tuesday, the price is continuing to hover around the $67,000 mark but a short-term pause or correction may be brewing as prices have increased too fast, according to crypto market data, on-chain data provider CryptoQuant. The post Short-Term...

Blackrock’s Spot Bitcoin ETF Sees Almost $800M Daily Inflows


BlackRock iShares Bitcoin ETF trading under the ticker symbol “IBIT” has taken in a record daily inflows of $788 million on Tuesday, as the crypto frenzy shows little signs of slowing down in March.  The post Blackrock’s Spot Bitcoin ETF Sees Almost $800M Daily Inflows appeared first on Cryptonews

Crypto Seeks to Make Mark on U.S. Elections During 'Super Tuesday'


The long list of primary elections Tuesday across 15 U.S. states will steer the fates of many seats in Congress and further solidifies the presidential showdown later this year, but Coinbase CEO Brian Armstrong said it's also a "chance to send a message" to federal politicians who've declined...

Trending New Meme Coin $PEEN Pumps 335% on DEX Launch, Next Shiba Inu?


Tuesday, March 5th, 2024 – A new meme coin,  $PEEN token, could be the next Shiba Inu after exploding in price by 3x. Meme coins are the hottest sector in crypto right now as speculative retail money pours in – and $PEEN is the latest target in the hunt for outsized alpha returns. $PEEN makes...

IRS Taps Binance.US, TaxBit Execs to Strengthen Crypto Tax Regulation Efforts


The Internal Revenue Service (IRS) said on Tuesday that it hired two crypto industry executives — Sulolit “Raj” Mukherjee and Seth Wilks — to aid in digital asset reporting, compliance, and enforcement programs. The post IRS Taps Binance.US, TaxBit Execs to Strengthen Crypto Tax Regulation Efforts...

CME’s Bitcoin Futures Open Interest Set New Record at $7.7B as BTC Surges


Bitcoin futures trading open interest on the Chicago Mercantile Exchange (CME) surged to a record high of $7.7b on Tuesday, reflecting a 15.6% rise within the last 24 hours, CoinGlass data showed. The post CME’s Bitcoin Futures Open Interest Set New Record at $7.7B as BTC Surges appeared first...

Bitcoin ETFs Return To Outflows Amid GBTC Sale Revival


Bitcoin ETFs had their first day of net negative outflows for the month of February on Tuesday – a possible sign that hype around the investment vehicles is starting to die down. The post Bitcoin ETFs Return To Outflows Amid GBTC Sale Revival appeared first on Cryptonews

Grayscale Files For Privacy ETF With SEC, Zcash Part of Offering


Crypto-focused asset manager Grayscale filed for a privacy-focused exchange-traded fund (ETF) to the US Securities and Exchange Commission on Tuesday. The post Grayscale Files For Privacy ETF With SEC, Zcash Part of Offering appeared first on Cryptonews

Michael Saylor Says There Is No Reason to Sell Bitcoin Anytime Soon


MicroStrategy executive chairman and co-founder Michael Saylor says he is not planning to sell any of his Bitcoin anytime soon, in an interview with Bloomberg’s Katie Greifeld on Tuesday.  The post Michael Saylor Says There Is No Reason to Sell Bitcoin Anytime Soon appeared first on Cryptonews

Top Crypto Gainers Today on DEXTools – BABYSORA, Spider, VEIL


With Bitcoin (BTC) and Ether (ETH) prices choppy on Tuesday in wake of hitting fresh multi-year highs earlier in the session, crypto degenerates hunting for big gains continue to scour on-chain markets using websites like DEXTools for top crypto gainers today. The post Top Crypto Gainers Today...

Payment Executives Are Eyeing Blockchain B2B Payments: Ripple Survey


Payment leaders actively investigating blockchain's potential find business-to-business (B2B) payments to be the most promising application, a Ripple survey published Tuesday showed. The post Payment Executives Are Eyeing Blockchain B2B Payments: Ripple Survey appeared first on Cryptonews

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